Promoting Tourism by Taxing Tourists?
The Senate will soon vote on the Travel Promotion Act of 2009. The Act would create a government-run public relations campaign funded by a tax… Read More
The Senate will soon vote on the Travel Promotion Act of 2009. The Act would create a government-run public relations campaign funded by a tax… Read More
On June 15, the International Monetary Fund (IMF) released a study suggesting national tax policies contributed to, but did not cause, the credit boom and… Read More
Courtesy of Sen. Tom Coburn’s (R-OK) new report, “100 Stimulus Projects: A Second Opinion”, here are the Top Ten most dubious Obama stimulus projects: “Free”… Read More
The Congressional Budget Office (CBO) recently released a paper: Did the 2008 Tax Rebates Stimulate Short-term Growth? The paper is a comprehensive summary of the… Read More
The Obama Administration’s desperation for new revenue to feed its massive spending appetite is becoming more apparent every day. The latest tax hike proposal, this… Read More
We have long believed that the Treasury Department’s TARP interventions have become possibly the single most disruptive force in the global economy. Under the header… Read More
The Hill reports today: Energy panel Republicans are levying accusations of witness intimidation against Democratic Rep. Ed Markey (D-Mass.), one of the key authors of… Read More
In three short years as “Nebraska’s CFO,” Shane Osborn has revolutionized the way Nebraskans interact and keep tabs on their government. It’s called nebraskaspending.com and it cost… Read More
With General Motors slated for nationalization, and the government holding major stakes in Chrysler and several major banks, many concerned observers have been asking when… Read More
President Obama has appointed yet another czar. This time it’s a pay czar, Kenneth Feinberg, to monitor the compensation paid to seven companies currently under… Read More
In his statement yesterday announcing that 10 banks would be repaying $68 billion in TARP bailout funds, President Obama proudly asserted that the step would… Read More
Both the Senate and the House of Representatives are seeking to pass “Cash for Clunkers” legislation that would have three primary objectives: increase car sales,… Read More
Yesterday, the Treasury Department announced that 10 financial institutions had been cleared to return their TARP bailout money — totalling some $68 billion to the… Read More
The Wall Street Journal reports today: As recently as 2000, the [AFL-CIO’s] 8.5 million members had a $45 million surplus. By June of last year… Read More
Yesterday afternoon, Supreme Court Justice Ruth Bader Ginsburg issued an order delaying the sale of Chrysler’s assets to a new firm controlled by Fiat, in… Read More
The talk shows last night were all atwitter over Justice Ruth Bader Ginsburg’s grant of a temporary stay for the Supreme Court to consider the… Read More
Obama administration Council of Economic Advisers member Austan Goolsbee was on Fox News Sunday yesterday defending Obama’s intervention in the economy. In the clip below,… Read More
Question: How do we create jobs, increase economic growth, rebuild the nest egg of households, strengthen the competitiveness of the U.S. economy and increase tax… Read More
The national debt is skyrocketing. In 2009 publicly held debt is projected to jump to 54.8 percent of GDP, up from 40.8 percent in 2008…. Read More
Here we go again. Barely two months after President Obama sacked the CEO of General Motors — and less than a week after the outright… Read More
LIFTING THE PAY CAP ON 8 MILLION WORKERS Unions Cap Their Member’s Pay Setting a Wage Ceiling: Currently union contracts set both a wage floor… Read More
Government benefits accounted for 16.2 percent of personal income in the first quarter of 2009 according to new figures from the Bureau of Economic Analysis…. Read More
From June 4th’s Wall Street Journal: Like a magician who artfully controls his audience’s attention, the government’s General Motors investment is all about financial diversion…. Read More
The Administration’s plan to take over General Motors certainly startled a lot of people, both in the U.S. and internationally. Now comes word that even… Read More
Ben Bernanke made an important point while testifying before the House Budget Committee: lawmakers must reduce the federal deficit and return the nation to fiscal… Read More
As a candidate, Barack Obama repeatedly pledged that no lobbyist would work in his White House. But does that policy apply to his auto companies?… Read More
Despite his many promises to the contrary, President Barack Obama has repeatedly failed to bring transparency to the federal government. That failure now continues with… Read More
Announcing the nationalization of General Motors this Monday, President Barack Obama insisted, “What we are not doing — what I have no interest in doing… Read More
Government control of General Motors is likely to throw the company into reverse gear rather than forward. By rewarding bad behavior with $50-billion, President Obama… Read More
Yesterday, after President Barack Obama again insisted he did not want to run General Motors, we questioned just how reluctant a shareholder the Obama administration… Read More
